USDX trade ideas
Dollar Index - End of February Analysis- Below the opening price of the 3-month bullish order block, a monthly BISI @ 104.636 – 105.420 presents itself
- Failed to see last months high taken out all whilst trading into the 6-month SIBI. Last months lows has been taken although price closed inside the previous. months range
- Studying a draw to February's low @ 106.126 as the 1st point of interest
- Monthly candle body closure above the midpoint of Februarys high and open will negate this idea.
DeGRAM | DXY rebound in the channelDXY is in a descending channel below the trend lines.
Price is moving from the lower boundary of the channel.
The chart has formed a harmonic pattern.
On the 4H Timeframe, the indicators are indicating oversold.
We expect a bounce.
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Your current most important DXY target until...The first target scenario in my mind for DXY is the Monthly fair value gap.
Market structure is now aligned for that too to play out.
- A monthly bullish gap is present below current price (inside the monthly accumulative range)
- A weekly bullish gap is being disrespected to the downside (indicating the lack of momentum, leaving this range)
- On the daily, price respects and creates bearish PD arrays.
I'm bearish on the higher timeframes, targeting the Monthly fvg, as long as price is closing below the Daily gap outlined in the chart.
(This is not to say that there are no high quality trades on the lower time frames, such as targeting the most recent daily gap to the upside)
Ok be safe byyyyyyy
DxyThis is a technical analysis of the U.S. Dollar Index (DXY) on a 2-hour timeframe. The chart indicates a bearish outlook, with price currently at 105.166 and showing signs of a downtrend.
Key Observations:
1. Downtrend Confirmation:
The price has been consistently forming lower highs and lower lows, suggesting bearish momentum.
2. Supply Zone (Red Box):
A red zone is marked at the top, indicating a possible resistance or supply zone.
This suggests that if the price moves back up into this area, it could face selling pressure and drop again.
3. Projected Price Action (White Box & Arrow):
The gray box below represents a potential target zone for the bearish move.
The zigzag pattern inside the box suggests a possible minor retracement before continuing downward.
Conclusion:
The analysis suggests a sell scenario if the price respects the supply zone and rejects it.
A break above the red zone would invalidate this bearish outlook.
The target area appears to be around 103.866, which aligns with a previous support level.
Would you like any modifications to this analysis?
DOLAR INDEX UPDATE: WEEK 11 OF 2025 FORECASTDOLAR INDEX UPDATE: WEEK 11 OF 2025 FORECAST
Theme: Decoding the Dollar Index’s Next Moves in 2025
Based on the weekly chart cycle, the Dollar Index (DXY) is expected to hit the following levels in Week 11 of 2025:
Upper Range: 107.6 - 108
Lower Range: 106 - 105 - 103.5
The lower range reflects the primary trend, signaling a bearish lean, while the upper range represents a short-term recovery wave. Keep an eye on these zones—2025’s twists could hinge on them!
DXY March 4 London 2 Marco backtesting the session reactionsDXY
March 4
London 2 Marco backtesting the session reactions
Price came down took sell side liquidity and rebalanced 15M FVG in Asia. Price came up to the range CE and 50 level and rejected. Price had clear targets of sell side liquidity.
Price was weaving in a wick imbalance. Price
At 2 macro Price comes up to the .70 OTE level and into a first presented FVG. Price is so heavy and should be obvious that it is a bear market.
Note- Price did not want to retrace to the previuos range however in backtesting just to the 50 on the RB 50. If truely in a bear market this is a indicator. Touches the 50 and rejects-it should.
Price came through the volume imbalance
Price came through 3 sell stops I had noted.
Price came down to ICT's FVG she noted 3 weeks ago.
Price is respecting the session 50 level.
All great learning.
Very messy chart and it for study
DXY Dollar Index OutlookThis is my current Elliott Wave count for the DXY Dollar index. I have a couple of variations which I will share but this one sees a decline starting with a leading diagonal in red wave 1 which is close to completion. May see a pull back in red 2 before a strong move lower in 3. The alternative is a nesting 1,2,1,2. If that's the case then a strong decline could continue from here.
Restrictive monetary policy?We are still in an uptrend at dxy. This trend could continue if Trump follows through on tariffs for a number of reasons. First, tariffs could rekindle inflation, leading the Federal Reserve to keep interest rates elevated, which could cause the dollar to strengthen. Secondly, tariffs could cause economic weakness in other countries, improving America’s relative strength, creating higher demand for the currency.
However, tariffs run the risk of dampening the U.S. economy, which could weigh on the dollar.
While Trump’s position on the dollar is contradictory—he wants it to maintain its dominance but advocates for competitive weakening to boost U.S. exports—all eyes will be watching if tariffs serve as bargain chips or materialize into new sweeping policies.
During President Trump's first term in office, we felt the sequencing of tax cuts (late 2017) and then tariffs (March 2018-August 2019) were key reasons for a strengthening dollar. In other words, the US economy had some fiscal support before tariff wars were waged.
Market participants expect the imposition of bulky tariffs would lead to a global trade war. Such a scenario will be inflationary for the US economy, which would force the Federal Reserve (Fed) to maintain a restrictive monetary policy stance for longer.
DXYLooking at DXY, We can see that price is approaching the value Area correctively. What I will be looking for is a Break of the value Area and therefore wait for a continuation pattern to the downside. The 2nd scenario which I am anticipating is price bouncing from the Value Area and wait for a continuation pattern to the upside, and our first target will be at the inflection as I am looking forward for DXY to fill the gap on the Daily Timeframe.
US DOLLAR: Sell Opportunity after support breakTVC:DXY has broken below a key support zone, indicating a potential shift in momentum. The price is now retesting this zone, which previously acted as support and could serve as resistance, aligning with a potential bearish continuation.
If sellers confirm resistance at this level, the price is likely to decline further toward the 105.800 target , which aligns with a major support level. Conversely, a breakout above the zone could signal further upside.
Before considering short positions, look for bearish confirmation signals such as bearish engulfing candles, strong wicks rejecting the resistance zone, or increased selling volume.
Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management.
Best of luck!
Correction vs. Upside Break: Key Thresholds at 107 and 110My primary scenario is a correction. The current wave structure suggests the completion of an motive wave forming an ‘ending diagonal.’ After testing the 0.618 Fibonacci retracement zone, the market shows signs of a downturn. If the index settles below the nearest support (around 107), a deeper pullback toward 105 and lower becomes possible.
The alternative scenario is a breakout to the upside. The area around 110 serves as the key invalidation level for this scenario: a decisive break above 110 would indicate the potential for renewed growth.
Overall, the outlook points to a high likelihood of a correction. However, if the price breaks above 110, the bullish scenario regains relevance.
ICEUS:DXY CAPITALCOM:DXY TVC:DXY